The Logbook for the Trail Running World

Electric Cable Car is part of Trail Tracks Network.

Just a month until the new Skyrunner USA National Series kicks off. Four incredible races invite you to touch the sky: Whiteface Skyrace, Beast of Big Creek, Skeetawk Skyline Scramble, Kismet Cliff Run.

ON Is Growing Like Bonkers*

13 March 2024

From the official press release:

On achieves strong full year results in 2023, significantly exceeding the expectations set at the beginning of the year, reaching net sales of CHF 1,792.1 million. This reflects a reported growth rate of 46.6% year-over-year and over 55% on a constant currency basis. On further reports a gross profit margin of 59.6%, net income of CHF 79.6 million and an adjusted EBITDA margin of 15.5%, showcasing On’s ongoing commitment to combine strong growth with continuously increasing profitability.

Just bonkers numbers for a brand that didn’t exist just a few years ago. What one can do when Roger Federer infuses lots of cash into your company.

*not an official term used in their investor filing.

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